| This product enhancement is available for self-experienced clients who want to encourage, through positive incentives, a single larger subsidiary or group of subsidiaries to move locally insured benefit plans to the IGP Network Partner and into the parent company's International Account. A First Year Advanced Dividend (FYAD) is the advance payment of the projected first year Contribution to the International Account of the subsidiary.
A First Year Advanced Dividend improves the subsidiary's cash flow at the beginning of the year that it joins the parent's International Account. This local cash flow product is offered to self-experienced clients whose subsidiaries are expected to produce sufficient international margins.
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